Quote:
Originally Posted by Vegas69
Where do you guys think car prices will settle in say 1-3 years?
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My guess is new car prices (MSRP) will stay on track with inflation. Once the chip shortage is resolved (maybe end of next year) manufactures and dealers will want to move product, but also need/want to make every dollar they can after a couple of years with little coming in. I’d expect to pay close to MSRP. If that happens, I would expect the used car market to remain over priced. Or it could be a total blowout by manufactures flooding the market with new cars and destroying the used car market. I’m never right on this kind of thing.